categoryMenu_new
 
  Home
  EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  AbundantHope
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Announcements
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  OUR PUBLIC FORUM IS OPEN TOO ALL
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Candace
  Ron
  Rosie
  Jess
  Brian's Poetry
  James
  Giuseppe
  John Taylor
  Esteban
  Telepathic Messages
  Candace
  Jess Anthony
  Vince
  Leonette
  John
  Adam
  Bela
  Joyce
  Hazel
  Kibo
  Peter
  Rosie
  Johan
  Lucia
  Lucia G
  Rubens
  Shellee-Kim
  Ben
  Dorothea
  Solon
  Others
  Targeted Messages
  Hano
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  CMGSN Pieces
  THE WAVE
  David Crayford and the ITC
  Environment/Science
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  Education
  Resources
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Video
  Websites
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Scientific
  Spiritual
  Vegan Recipes
  Translated Material
  Dutch
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Artikelen/berichten
  French
  Canal Jess
  Par Candace
  Other Channels
  Articles
  German
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Italian
  Translations - Candace
  Translations - Jess
  Translations - Others
  Portuguese
  by Candace
  By Jess
  By Others
  Spanish
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Monjoronsón
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  Chinese
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

Search
[an error occurred while processing this directive]
Political Information : True US History Last Updated: May 16, 2018 - 5:15:33 AM


U.S. Religious Groups Generate More Money Than Microsoft and Apple Combined
By Phillip Schneider
May 15, 2018 - 7:55:38 PM

Email this article
 Printer friendly page Share/Bookmark


Since the founding of the country, religion of some type has always played an active role in the lives of a majority of Americans. Although religious faith is on a long-term downward trend while secularism is on the rise, about 70.6% of Americans still identified as Christian in 2014, while 5.9% had "Non-Christian faiths" such as Judaism or Islam, according to Pew Research Center. These numbers mean that over one in four Americans believe in some form of non-atheistic religion.

Much research has been done into the community impact of religion. Sometimes, religion is used as an excuse to engage in a number of terrible things such as violent extremism or child abuse. This is both historically as well as contemporarily true, however there is a great deal of good that religion is a catalyst for as well, such as volunteer work, greater civic engagement, and welfare. The authors of the study recognize this and understand that "while bad news makes news, both sides are important to understand clearly."

In a 2016 study entitled "The Socio-economic Contribution of Religion to American Society: An Empirical Analysis", Melissa and Brian Grim from Georgetown University and the Newseum Institute set out to determine the cost and contribution that religion has for American society.

Under conservative estimates, faith-based organizations were found to generate roughly $378 billion per year. Being more than a third of a trillion dollars, that number actually accounts for more than the global revenue of both Apple and Microsoft combined.

When including businesses with religious roots, the number increases to roughly $1.2 trillion annually, while more liberal estimations which also include household incomes of religiously affiliated Americans put the total annual revenue of religious-based organizations at approximately $4.8 trillion, which is about a third of America's Gross Domestic Product (GDP).

"We believe that our second estimate of $1.2 trillion is more reasonable as it takes into account the value of the services provided by religious organizations and the impact religion has on a number of important American businesses" say the authors. Although, assets of religious groups were still not taken into account for this measurement.

After conducting their analysis, the study authors found that combined revenue from the country's five largest religiously affiliated charities adds up to just under $38 billion. These include the Lutheran Services in America, Young Men's Christian Association (YMCA), Catholic Charities, Salvation Army, and Habitat for Humanity.

However, religion is also quickly becoming one of the nation's largest tax-free industries as reports have estimated that Christian media alone accounts for about $3.6 - $6.8 billion conservatively.

"In 2003, research estimates put the market for religious publishing and products at $6.8 billion and growing at a rate of nearly 5 percent annually. This market is subdivided into three categories: books (the largest segment, with $3.5 billion in sales and a 7 percent growth rate); stationary/giftware/ merchandise (sales at $1.4 billion and a 4.5 percent growth rate); and audio/video/software ($1.4 billion in sales and flat)"

According to Statista, the sales revenue of religious books peaked at over $17 billion in 2007 before dropping to $10.73 billion by 2017, making previous estimations of $3.5 billion pale in comparison.

After putting all of the data together, the study authors concluded that under the most conservative possible estimate, religion's $378 billion annual contribution can be broken up into five categories: healthcare ($161 billion), local congregational activities ($83.8 billion), education (such as catholic schools, $74 billion), charities ($44.3 billion), media ($0.9 billion), and food ($14.4 billion).

The study authors also conclude that local religious congregations "provide a significant level of community and social services beyond those provided through religious organizations set up to specifically provide health care, education and charity."

Religion is clearly a very prominent and influential segment of our American life and economy. As it does commit a great number of Americans to do good things for others, there is also a danger that it will increasingly become a tax-free media/outreach business model, rather than a faith and charity model where it would be able to do the most good.

About the Author

Phillip Schneider is a student and a staff writer for Waking Times.

This article (U.S. Religious Groups Generate More Money than Microsoft and Apple Combined) was originally created and published by Waking Times and is published here under a Creative Commons license with attribution to Phillip Schneider and WakingTimes.com. It may be re-posted freely with proper attribution, author bio, and this copyright statement.

Like Waking Times on FacebookFollow Waking Times on Twitter.

http://www.wakingtimes.com/2018/05/10/u-s-religious-groups-generate-more-money-than-microsoft-and-apple-combined/




All writings by members of AbundantHope are copyrighted by
©2005-2018 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here


Top of Page

True US History
Latest Headlines
Microsoft Promotes Russia Scare To Gain Insider Access To Campaign Information
Ethiopia in Turmoil of US, Saudi-Backed Coup, Not ‘Reforms’
Washington’s Silent Weapon for Not-so-quiet Wars
Pope Francis Addresses Sex Abuse, Sidesteps Root Causes and Accountability
Liberal Hollywood Caught in Sexual Feeding Frenzy
SHOWTIME! #NewQ #QAnon #GreatAwakening
The CIA Owns the US and European Media
Most-hated senator was right
Medical Website ‘Healthline’ Jumps on Transgender Bandwagon with ‘Gender-inclusive’ Sex guide
U.S. National Debt Now Equivalent to The Amount of Money Missing From The Treasury
The Looming Economic Collapse: The $250 Trillion Dollar Worldwide Debt Crisis
New Interests Join The Clash About North-East Syria
The Catholic Church Historic Responsibility For Child Sexual Abuse
Satanic Temple Uses Goat-Headed Statue to Protest Ten Commandments Monument
Have You Committed Your Three Felonies Today ?
Gender Confusion A Tool Of The Left
The Clinton Body Count Continues To Climb
Colleges Offer Courses On "Queering" Children & The Bible
ANDERSON COOPER: Primary Asset of the CIA’s Mockingbird Media Exposed
SerialBrain2 - The White Hats’ fierce response to Skull and Bones 322 - Read by The War Drummer